The Fair Share Report

7 Pinecrest Dr

Deptford, NJ 08096

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $360,995

Likely range $335,007 – $411,264, from 12 comparable Deptford sales in the past 18 months (home size estimated from assessor data — range widened).

Step 2 · The Director's Ratio

63.42%

The state's official measure of how far Deptford assessments sit below market value — republished every October, applied town-wide. A $360,995 home should be assessed near $228,943.

Step 3 · Assessed value

$175,000

Set at the last town-wide revaluation and mostly frozen since. That's $53,943 below what the ratio math suggests (23.6%).

Step 4 · The tax rate — same for every Deptford home

$3.440 per $100 assessed

$1.811 Schools · 53% $0.675 County · 20% $0.953 Town · 28%

Step 5 · The bill

$6,409/yr
Public schools$3,375
Gloucester County$1,258
Town of Deptford$1,776
Deptford average$6,316

This home vs. every recent Deptford sale · assessed ÷ market

Town median 49.3%
This home · 48.5%

36%78%

Paying about right

This home's ratio lands inside Deptford's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
305 STEEPLECHASE CT2026-01$300,0001,67254.5%
775 QUAIL PL2025-06$340,0001,58244.7%
8 NILAND LN2025-11$395,0001,51041.5%
22 KELLY DR2025-08$325,0001,51050.3%
16 MULLRAY CT2025-04$360,0001,51048.4%
748 QUAIL PL2026-05$350,0001,69247.5%
4 STEWART LN2026-05$400,0001,51044.5%
53 BLANCHARD DR2025-08$375,0001,51046.0%
325 MARION AVE2025-10$340,0001,60852.1%
1942 SOUTH SIDE AVE2025-05$375,0001,63354.0%
38 PINECREST DR2026-06$399,0001,51043.3%
38 PINECREST DR2026-02$260,0001,51066.5%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →